AwesomeAvani

AwesomeAvani Updated 

RIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a predictive algo added suggest it has room to 13.25. The indicators are supportive of that forecast. I will take a long position here with a stop loss under the lower BB line. As to my FSR put options I will watch them rise until expiration time. No hurry. No worry...

AwesomeAvani Updated 

NKLA had news this week with the litigation over the Badger brand. The news is over and the real trend is hydrogen stations in California and perhaps Western Canada impacting the buildout of infrastructure with the help of Biden administration handouts. NKLA has corrected and fallen into the support of the Fib retracement. Zig and zag I look to enter a long...

AwesomeAvani Updated 

PLTR services DOD and military contractors which is a growth industry given current geopolitical backdrops. I see this as an opportune time to buy the dip which is a healthy correction from a recent trend up. The idea is illustrated on this 120 minute chart with targets and stop loss.

AwesomeAvani

Aurora Cannabis on a 15 minute chart is sitting on the dynamic support of the second lower VWAP band in deep undervalued territory also below the high volume area of the immediate volume profile anchored back to April 11th. The Trend indicator shows bearish momentum has bottomed. The dual time fram RSI indicator shows RS values in the low 40s. ACB did have...

AwesomeAvani Updated 

USO follows the futures prices of oil barrels. On this 30 minute chart, price falls have been rejected by the POC line of the volume profile and the Lux Algo Donchian channel has transitioned from downgoing to trending up. The dual TF RSI of Chris Moody now shows RSI holding above 50 in both the 15 min and 60 min TFs. Net distribution has bottomed out and...

AwesomeAvani Updated 

USO while the middle east, the Houthi rebels and the Suez Canal shipping quagmire affect oil liquidity globally and prices at the pump continue to be volatile the federal government seeks contracts to restore the national strategic reserves depleted in the last supply demand challenge while the presidential and congressional election cycle starts warming...

AwesomeAvani Updated 

UCO is shown here as a one month trend - It is sitting on the rising support tendline about 2% below the recent high. Oil prices contribute to inflation. Anyone in the USA is aware of gasoline prices at the pump. Geopolitics plays into price. At present, US Navy warships are consuming refined oil and heading to the Middle East. Iran and Russia are sanctioned...

AwesomeAvani Updated 

On Thursday January 11th ( earlier today) WTI Crude prices gyrated widely likely in reaction to US /UK intervention on the terrorists who seized a tanker on the behalf of Iraq in the Red Sea / Suez Canal area putting shipping and supply concerns into the oil industry to offset any weak demand. The 15 minute chart shows a megaphone pattern as a...

AwesomeAvani Updated 

INDO may have spontaneously did a moonshort buy more likely it was the geopolitical issues of Iran and a hypothetical reginal conflict impacting Iranian oil exports and the effect on oil prices and energy companies everywhere including in Indonesia where INDO is based. The chart shows abrupt volume and volatility out of no where almost instantly. On deeper...

AwesomeAvani Updated 

RTX has earnings on April 23rd. It has been on a good trend higher since the last earnings. The Russian war means US defense contractors will be in a growth mode for the intermediate future. Depleted stores of weapons systems need to be replenished. Pieces and parts are needed for damaged systems in need of maintenance. I see RTX and others such as GD and...

AwesomeAvani Updated 

IMPP stands to gain market cap if the barrel price of oil moves on the global markets under the pressure of geopolitics in the Middle East. While it is a domestic producer and not involved in transoceanic oil tanker transport, the price of oil is a global dynamic in real time. As a small cap, when the oil price moves and IMPP's fixed expenses remain static,...

AwesomeAvani Updated 

On this 15 minute chart, TQQQ is in an anchored VWAP band and volume profile breakout. Near to the end of the regular market, the RSI indicator ran from deep oversold. After hours, NVDA reported a sizable earnings beat. The AI machine learning and backtesting indicator forecasts and uptrend continuation. I will get call options targeting $58 for...

AwesomeAvani Updated 

VANTAGE:USOUSD Spot crude oil is showing a megaphone pattern on the 4H chart. This suggests increased volatility due to buyer/seller indecisiveness especially when the price action is near the upper and lower lines as well as the midline. The link below goes to a tutorial on how to trade a megaphone pattern.

AwesomeAvani Updated 

USOUSD after its minor correction on the 15-minute chart is resuming its bullish trend with an engulfing green bar and confirmatory indicators including an uptick in the postive directional index and on the BB a move from a bounce near to the basis band toward the upper bands. I will go long on leveraged forex.

AwesomeAvani Updated 

GROY does mine rentals as its business ( royalties) it collects rent in gold or gold ore. Business has been good the recent earnings report was a beat with guidance for significant increases in revenues in the near and intermediate term. Volume and price product ( PVT) is rising. The MFI+RSI+ MOM shows all three measures as bullish. I will initiate another...

AwesomeAvani Updated 

OGI has completed another trend up from the federal news about a push for legalization of marijuana as a handout from incumbents seeking another term. My recent idea on OGI as to demonstrate its suitability for high return short duration swing trades to add compounding into the profit and returns. The increased volatility due to the federal news only adds...

AwesomeAvani Updated 

BTC in the recent past put in a head and shoulders pattern. The neckline drawn onto the chart is above current price and rejecting it. Volatility has flipped decidedly. News is that Bitcoin and crypto ETFs have had several consecutive days of outflows some perhaps when stop gold spiked. Dollar value has a role in this as well as it dipped and then recovered. I...

AwesomeAvani Updated 

BTCUSD is impending on its third attempt to break through the resistance zone of 69-70K, having hit about 72K on March 13th. Buying volume relative to selling remains high. Both the faster and slower RSI lines remain above 50. I amd holding my long position in BTCUSD and watching to see if price can break resistance. If it can another leg higher could...